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HomeMy WebLinkAbout0637 fIlEO AND NECOROEQ ST• R4CIcd`FGINAAS `A~ ~ ~~1995 CIfIiK C;'CL'IT COl1RT RECOiiO ~«~f ~EC ~ No~ 1~1 9 3o AM'~2 AGREEMEN r NOT TO ENCUMBER OR TRANSFER 241996 pROPERTY ~ As an iaducement to 3t. Lucie County Bank, Ft. Pierce, Florida (hereinafter calted "Bank"1, to grant credit to the underaigned under a Promissory note for the sum of $ 2178.72 dated November 13 197~r to purchase from (hereiaafter called "Dealer"), the promissory note of the undersigned for the sum of ~ . dated and payable to Dealer, and in consideration thereof, the undersigned (hereinafter cal2ed "Horrowers", jointiy and severally agr'ee that unril said note and any cxtension or reaewal thereof and also any and all other indebtedaesa of the Borrowers, or either of them, to Bank, whether joint or sev- eral, heretofore or hereafter irtcurred and without segard to the nature thereof, shati have been paid ia full or until Z1 years following tbe death of the last survivor of the undersigned, whichever shall occur first, (a) Borrowers will pay all taxes, asseBaments, dues at~d charges of every kind, imposed or levied, or ~ which may be impoaed or levied upon their :eal and personal property prior to the time when any af such taxes. aesesements, dues or charges ahall become delinquent, and (b) Borrowers wilt not. withuut the consent in writiag of Bank firet had and obtained.. (1) Create or pernut any lien or other encumbrances (other than presently existing liena aad liens securing the payment of loans and advances made to them by Bank) to exist on their property, real or personal, now owned or hereafter acquired, or (2) trarlsfer~ aell, hypothecate, asaign or in any manner whatever dispoae of the said property, or any interest therein, including specifically, but without Iimitation, the following deecribed real property, situated in the County of St . Lucie ..itate of Florida: (Description of Pr~edrin~ ~ot 29, Block 32 Section 6 Port St. Lucie Plat Book 12 Page 36~ ?ub2ic Reco:ds of St. Lucie County, Florida It is further agreed and understood that if defautt be made in the performance of aay of the terma hereof, or of any instrument executed by Borrowere ia conn- ectioa herewith, or in the payment of any indebtedneas ar obligation of Borrowers now or hereafter owing to Bank, Bank may, at its election, in addition to all other remedies and rights which it may have by law, declare the entire remaining un- paid principal and interest of any such obligationa or indebtedness then remaining unpaid to the Bank due and payable forthwith. Borrower hereby assigns to Bank a21 moneys due or to become due to Borrower as rental or otherwise for or on account of such real property, reserving unto Borrower the right to collect ar~d retain any such moaeys prior to Borrower's ' default under the terms of the Ioan described ab . It is further agreed and understood that Bank y, in discretion, and is here- by authorized and permitted by Borrowers this rument to be record- ed at such time d in such places as Ba sc i, elect. ~ i /1 • ' \ ~ i . ess - it»e a a ~ u Dated at: Pt . Pierce Flotida -3 6 tN P~rw~ ~ T~ ~ y tiovemoer ~ q~s ~ ~Mt~ns~B~ Pr~~tn. ~ _ J6L7s OF 19I1. a e vu~+~ to c?~t~R ~~a~. ~~Cl .o ~ ttOGER POITiGS ~ ~~TATE OF FLORIDA ~~RCUIT COURT, sT. ~u~~E ~ " W County of St . Lucie ~~ovem er 2 before me p. t(. ~~CHA~t~.~l J 2 , a Notary Public i ri an d for sai d S t. L u c i e F l o r i d a C o u n t y a n d S t a t e, p e r s o n a l l y a p p e a r e d " Ifark Rer~ ng,.on known to me to be the person(s) whoae ~ name(s) is/are subscribed to the within instrument and`~~fiCa?~v~dgea:to me . ; . m that y_~ executed the ~~t;ie..,RY _ s, - ' WITNESS my hand and official seat. . ~ s ` ~C. ~ ~ = ~p -.l ~ U it Q (Seal) ; = ~ t - . BOs,K ~OV FACE 637 ~ ~ ~ORIDA AT {JKtCE HtES APR, 23 19Z4 BOHOED TMRO 6fi,FRfO Y~ DI~p ° ~ _ , ;-,~,,,:,~~„~f _ ` ~w. -z " ~"r 'r.~ t s-.~s . , ,~r~ - ~._.~w-~~~~~"~t.~a~ ; ~ ~ - ~?aa,